Biccur is implementing a direct remittance service with Rebit our partner on the Philippines.

Over US$436 Billion was remitted by migrants and immigrants back to their families in the developing world in 2014. The cost of sending all those remittances was estimated at US$47 billion or more than 10% of the entire amount.

Using Bitcoin, that number could be reduced to less than 3% and much faster!

How does it work?

  1. You select the amount in euros and you choose the person you want to send money to
  2. Bitmymoney sends the money to the selected person, we use bitcoin to send it cheap and fast over the world
  3. Your friend or relative can pick up his money in the local currency